volume picking up here which indicates to me a breakout either way as follows.
BEAR SCENARIO (RED)
break to the downside would see a reversal 'Diamond' retest of the redline ($32.11) then down would be a poss entry. Daily time frame
BULL (GREEN)
break to the upside forming bullish 'pennant' with retest of greenline ($35.34) then up to fib targets.
Targets will reassess once we determine the break.
BEAR SCENARIO (RED)
break to the downside would see a reversal 'Diamond' retest of the redline ($32.11) then down would be a poss entry. Daily time frame
BULL (GREEN)
break to the upside forming bullish 'pennant' with retest of greenline ($35.34) then up to fib targets.
Targets will reassess once we determine the break.